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Affordable parking in Maryland: daily, weekly, monthly and long-term options

Parking in Maryland averages $18/day, $90/week, or $155/month — but smarter options exist. Garage Space connects drivers with affordable local driveway and garage parking, while helping property owners earn passive income from unused space.

Garage Space Host

$115-$140/mo

Estimated Garage Space host earnings in Maryland after platform fee

$18

Average daily parking rate in Maryland

$90

Average weekly parking rate in Maryland

$155

Average monthly parking rate in Maryland

Whether you need a spot for a day, a week, a month, or years at a time, finding reliable and affordable parking in Maryland can be a real challenge. Commercial garages and lots have raised rates steadily, and the most convenient spots near workplaces, universities, stadiums, and transit hubs are often the first to fill up.

That's where Garage Space comes in. We're a peer-to-peer parking marketplace that connects drivers who need daily, weekly, monthly, or long-term parking with homeowners and businesses that have unused driveways, garages, carports, and private lots. Drivers save money and get reliable, nearby spots. Hosts earn passive income. No circling the block, no surprise fees.

Parking costs in Maryland by duration

The right parking option depends on how often you need it. Here's how costs break down across different timeframes in Maryland:

DurationMaryland AverageNational AverageBest For
Daily$18/day$12-15/dayOccasional use, visitors, event-goers
Weekly$90/week$60-75/weekShort-term visitors, business travelers
Monthly$155/month$120/monthDaily commuters, residents without assigned parking
Long-term (6mo+)$128/month$95/monthVehicles in storage, semester parking, extended stay

The average American spends 17 hours per year searching for parking, costing an estimated $345 per driver in wasted time, fuel, and emissions. A reserved monthly spot eliminates this entirely.

The Maryland parking market in 2025

Maryland's proximity to Washington D.C. makes it one of the most consistently high-demand parking markets on the East Coast. Metro-adjacent parking in the DC suburbs commands premiums that rival Northern Virginia and the District itself. The MARC commuter rail creates a second tier of station-adjacent parking demand in cities like Frederick and Rockville.

The trend is DC suburbs persistently tight and expensive, Baltimore stable with strong event demand. For drivers, that increasingly means paying more for less certainty. For property owners with an unused driveway or garage, it represents a real and growing income opportunity.

Monthly parking rates — Maryland cities vs. National Average
  • National avg.$120
  • Baltimore$155
  • Bethesda$185
  • Annapolis$130

Sources: Parkopedia, SpotHero, Spacer, City Observatory, and local market data. Rates reflect average monthly parking near city centers. Rates vary significantly by neighborhood and amenity level.

Parking by city in Maryland

Parking costs and availability vary considerably across Maryland's cities and neighborhoods. Here's a data-driven breakdown of the key markets:

Baltimore

Avg. daily rate
$20/day
Avg. monthly rate
$155/mo
Market notes
Inner Harbor and Federal Hill — strong tourist and commuter demand

High demand

Bethesda

Avg. daily rate
$24/day
Avg. monthly rate
$185/mo
Market notes
DC suburb with Metro adjacency, extremely tight supply

High demand

Annapolis

Avg. daily rate
$16/day
Avg. monthly rate
$130/mo
Market notes
Historic downtown, Naval Academy proximity

Growing demand

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Who needs parking in Maryland?

Maryland's parking market is bifurcated between Baltimore's urban core and the Washington D.C. suburbs. The DC suburbs — Bethesda, Rockville, Silver Spring, College Park — have some of the most expensive and competitive parking in the mid-Atlantic, driven by Metro-adjacent demand and federal government employment. Baltimore's Inner Harbor and Federal Hill neighborhoods have seen consistent demand from sports fans (Orioles, Ravens), tourists, and downtown workers.

Americans waste an estimated $73 billion per year looking for parking. A guaranteed reserved spot — whether through a monthly garage contract or a Garage Space host — eliminates this cost and gives back hours of productive time.

Daily vs. weekly vs. monthly vs. long-term: which is right for you?

Daily parking

Daily parking makes sense if you drive infrequently — fewer than 8-10 times per month. It offers maximum flexibility but costs the most per use. In Maryland, daily rates average $18. If you're parking more than 10 days a month, a monthly pass almost always saves money.

Weekly parking

Weekly parking is ideal for business travelers, short-term visitors, or people in transitional housing situations. At $90/week in Maryland, it provides flexibility without the full monthly commitment. Garage Space hosts often offer competitive weekly rates that undercut commercial garages.

Monthly parking

Monthly parking is the sweet spot for most daily commuters and residents. At $155/month in Maryland, a guaranteed reserved spot eliminates the daily parking search and often costs less than paying daily for 20+ working days. It's the most popular option on Garage Space.

Long-term parking

Long-term parking (typically 3-6+ month commitments) offers the lowest per-month rate at around $128/month in Maryland. It's ideal for vehicles that aren't used daily, college students parking for a semester, snowbirds leaving a vehicle for the season, or anyone who needs consistent, reliable parking over an extended period.

How Garage Space works for Maryland drivers and hosts

How much can you earn renting out parking in Maryland?

The income opportunity varies by location, but here's a realistic example for a Bethesda homeowner within walking distance of a Metro station:

Estimated monthly parking income: a Bethesda homeowner within walking distance of a Metro station

Comparable commercial monthly parking rate in the area
$155/mo
Garage Space listing price (typical 15-25% below commercial)
$115-$140/mo range
Estimated annual passive income (monthly rate)
$1,380-$1,680/yr
Additional event/daily parking income (if applicable)
Varies by location

Your driveway earns this while you go about your lifeWithout moving your car

Garage Space vs. commercial parking in Maryland

FactorCommercial Garage or LotGarage Space
Monthly rate$155+ (plus fees)$115-$140 (typical)
LocationFixed facility locationsAnywhere in your neighborhood
Availability guaranteeFirst-come basis in many garagesYour spot is reserved for you
Access hoursOften limited or meteredFlexible by arrangement with host
Price transparencyHidden fees commonAll-in pricing agreed upfront
EV charging optionLimitedGrowing network of hosts with chargers
Who profitsCorporate operatorsLocal Maryland property owners

Your space is already earning — for someone else.

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Frequently asked questions about parking in Maryland

  • How much does parking cost in Maryland in 2025?

    Parking in Maryland averages $18/day, $90/week, or $155/month for a reserved spot. Long-term commitments typically reduce the monthly rate to around $128/month. Prices vary by city, neighborhood, and proximity to high-demand areas like downtowns, sports venues, universities, and transit hubs. Garage Space typically offers 15-30% savings over commercial garage rates.

  • Is monthly parking worth it vs. paying daily in Maryland?

    For most commuters and regular drivers, yes. If you park more than 10-12 days per month, a monthly rate almost always saves money compared to daily pay-as-you-go rates. At $18/day in Maryland, 20 working days would cost $90 just in two weeks — while a monthly reserved spot costs $155. You also get the benefit of a guaranteed, reserved space rather than competing for spots daily.

  • Can I rent out my driveway or garage in Maryland to earn passive income?

    Yes. Property owners across Maryland are listing driveways, garages, carports, and private lots on Garage Space to earn $115-$140/month after platform fees — or $1,380-$1,680 per year. The best income opportunities are near downtown business districts, sports venues, universities, airports, and transit hubs. Garage Space handles booking, payments, and renter communication so you earn passively.

  • What types of parking can I list or rent on Garage Space?

    Garage Space supports all types of parking space: residential driveways, garages (attached or detached), carports, private lots, parking pads, and even covered or heated spots. Hosts can offer daily, weekly, monthly, or long-term availability — or any combination. Spots with EV charging capability can be listed at a premium to attract the growing community of EV drivers.

  • What is Garage Space?

    Garage Space (garagespace.app) is a peer-to-peer parking marketplace connecting drivers who need affordable daily, weekly, monthly, or long-term parking with property owners who have unused driveway, garage, or lot space. Drivers get convenient local parking at below-market rates. Hosts earn passive income. It operates across all 50 states and is built for everyday Americans, not corporate parking operators.

Sources

  1. Parkopedia — 2019 North America Parking Index
  2. City Observatory / Streetsblog USA — Comparing the Price of Parking Across U.S. Cities
  3. SpotHero — Monthly Parking Rate Data by City, 2024-2025
  4. Spacer.com — Monthly Parking Marketplace Data
  5. FINN / Get My Parking — Most Expensive US Cities for Parking
  6. Towne Park — 36 Parking Statistics and Industry Trends, 2024
  7. Victoria Transport Policy Institute — Parking Costs and Management
  8. U.S. Census Bureau — American Community Survey, Commuting Data